Articles from www.reuters.com

Articles from www.reuters.com

EU regulators say Microsoft's acquihire of Inflection's team will not be scrutinized under EU merger rules, after seven EU countries dropped their requests (www.reuters.com)
2024-9-19 Microsoft

Sources: Google tried to end an EU antitrust probe by offering to sell its ad marketplace AdX, or Ad Exchange, but European publishers rejected the proposal (www.reuters.com)
2024-9-19 Europe Google

The US plans to host the first meeting of the International Network of AI Safety Institutes in San Francisco on November 20 and 21 (www.reuters.com)
2024-9-18 AI San Francisco

The EU's General Court backs Google's challenge against the EU's €1.49B antitrust fine, imposed in 2019 for hindering rivals in online search ads (www.reuters.com)
2024-9-18 Google

Prager Metis, a former auditor for FTX, pays a $1.95M fine to settle two US SEC cases, including for alleged negligence in auditing the cryptocurrency exchange (www.reuters.com)
2024-9-18 Cryptocurrency

Sources: the US is urging Vietnam to avoid cable-laying firm HMN Technologies and other Chinese companies in Vietnam's plans for 10 new subsea cables by 2030 (www.reuters.com)
2024-9-18 China Vietnam

Neuralink says Blindsight, its experimental implant aimed at restoring vision, has received the US FDA's “breakthrough device” designation (www.reuters.com)
2024-9-18

EssilorLuxottica and Meta agree a 10-year deal to continue developing smart eyewear, after creating two generations of Ray-Ban glasses since 2019 (www.reuters.com)
2024-9-17 Ban

A look at France's LOPMI law, enacted in January 2023 to criminalize tech executives whose platforms allow illegal activities, as Pavel Durov remains on bail (www.reuters.com)
2024-9-17 France

A US federal jury finds Zynga infringed on two IBM patents related to web-based communications and orders the game maker to pay $44.9M; Zynga plans to appeal (www.reuters.com)
2024-9-17 IBM

Sources: in 2022, Intel lost out to AMD and TSMC on a contract to design and fabricate Sony's PS6 chip, a significant blow to its contract manufacturing unit (www.reuters.com)
2024-9-16 Intel Manufacturing Sony AMD

EU Commissioner Thierry Breton, who oversees Big Tech regulation, says he is stepping down over a rift with Commission President Ursula von der Leyen (www.reuters.com)
2024-9-16

Regulatory reports: India's CCI accuses Samsung, Xiaomi, and other smartphone makers of collusion for exclusively launching products on Amazon and Flipkart (www.reuters.com)
2024-9-15 India Amazon Samsung Xiaomi

In reports dated August 9, Indian antitrust regulator CCI found that Amazon and Flipkart violated local competition laws by giving preference to select sellers (www.reuters.com)
2024-9-14 India Amazon

Sources: OpenAI's $150B valuation in a $6.5B funding round hinges on whether the company can upend its corporate structure and remove a profit cap for investors (www.reuters.com)
2024-9-14

Filing: 23andMe will pay $30M to settle a lawsuit for failing to protect the privacy of 6.9M customers whose personal info was exposed in a 2023 data breach (www.reuters.com)
2024-9-14

Elon Musk calls Australian government “fascists” after it unveiled a bill to fine online platforms up to 5% of their global revenue for enabling misinformation (www.reuters.com)
2024-9-13 Australia Elon Musk

Mastercard agrees to buy Recorded Future, which uses AI-powered analytics to identify potential threats, from PE firm Insight Partners for $2.65B (www.reuters.com)
2024-9-12 AI

CTIA: Americans used over 100T MB of wireless data in 2023, up 36% YoY, the largest single-year increase; the number of wireless connections rose 6% YoY to 558M (www.reuters.com)
2024-9-11 U.S.

The FBI says that losses from crypto-related frauds increased 45% YoY to $5.6B in 2023, with losses from investment scams accounting for 71% of the total (www.reuters.com)
2024-9-10 FBI

In the first day of the antitrust trial focused on ads, US prosecutors allege Google abused its size to dominate the sector through acquisitions and more (www.reuters.com)
2024-9-10 Google

US charges leaders of white supremacist gang The Terrorgram Collective, which uses Telegram to celebrate attacks on minorities, with trying to incite a race war (www.reuters.com)
2024-9-10

South Korea is hosting a summit in Seoul on September 9-10, seeking to establish a blueprint for the responsible military use of AI; 90+ countries are attending (www.reuters.com)
2024-9-9 Korea AI

Adani Group and Tower Semiconductor plan to invest ~$10B for a chip plant in Maharashtra, India; the plant will have an initial capacity of 40K wafers per month (www.reuters.com)
2024-9-6 India

Sources: Qualcomm has explored acquiring portions of Intel's design business, including Intel's client PC design business, as Intel struggles to generate cash (www.reuters.com)
2024-9-6 Intel

PayPal expands into point-of-sale payments in the US by integrating its debit card with Apple Wallet and offering 5% cash back for some products up to $1K/month (www.reuters.com)
2024-9-5 Apple

A San Francisco federal judge rules that X must face a class action age bias suit by around 150 older workers who were laid off by the company in 2022 (www.reuters.com)
2024-9-5 San Francisco

An adviser to CJEU sides with Italy's antitrust authority that Google's refusal to provide third-party access to Android Auto may breach EU competition rules (www.reuters.com)
2024-9-5 Android Italy Google

C3.ai reports Q1 revenue up 21% YoY to $87.2M, vs. $86.9M est., and subscription revenue up 20% YoY to $73.5M, vs. $79.1M est.; its stock falls 16%+ after hours (www.reuters.com)
2024-9-5 AI

Ireland's DPC ends court proceedings against X after it agreed to limit its use of personal data collected from EU users to train its AI on a permanent basis (www.reuters.com)
2024-9-5 AI Ireland

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